Forgot About Luckin Coffee? The Stock Just Doubled

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Shares of disgraced Chinese coffee chain Luckin Coffee (OTC: LKNC.Y) might have fallen off your radar earlier this year after the upstart coffee chain was exposed for fabricating hundreds of millions in sales in March.

After the scandal came to light, Luckin’s stock crashed and was delisted from the Nasdaq.  If you cast off Luckin as uninvestable, though, you missed the stock nearly tripling on Friday, Dec. 18. It gave back some of those gains on Monday.

Image source: Getty Images.

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